Kamal Nayak Email & Phone Number

Pune, Mh, In

Bengaluru, Karnataka, India

• Steering responsibilities towards Finance, Controlling, Procurement and Admin & Facilities • Managing various finance-related functions including accounting, controllership, strategic finance, planning & analysis, and working capital management• Directing financial analysis, internal & regulatory reporting, accounting operations, and budgeting & forecasting processes • Monitoring all internal & external financial reporting and financial controls to ensure compliance with group reporting requirements• Providing leadership to the team in maintaining accounts and financial statements in accordance with international accounting practices• Spearheading all audits, such as statutory, tax, transfer pricing, and internal audits• Preparing and reviewing budgets & forecasts, conducting variance analysis, and implementing measures for improvement

Bangalore

• Played a pivotal role as the Finance Business Partner for the Body and Security business of Continental Automotive India, providing crucial financial insights and guidance• Facilitated the Body and Security business unit to achieve a positive EBIT (earnings before interest and taxes) by providing timely inputs on product/customer profitability and identifying opportunities for margin improvements• Executed fortnightly discussions with regional business heads to provide updates on the India business, ensuring effective communication and alignment across the organization• Acted as a key user for the local Investment Controller and Central Function Controller, collaborating closely with these stakeholders to support financial management and decision-making processes

Bengaluru Area, India

• Steered responsibilities towards Cluster (India, Vietnam, China, Singapore) Monthly Reporting to Management, ensuring accurate and timely reporting of financial performance across multiple regions• Produced monthly dashboard reports for tracking key performance metrics, including profitability, providing valuable insights to support decision-making• Monitored the Gross Margin (GM) and engaged in discussions with divisional product managers to address any reduction in GM for specific products, ensuring proactive management of profitability• Acted as the Finance Manager for two businesses managed from the Regional Office, namely Asia Exports and Citura Exports

Hosur Area, India

• Reviewed internal controls in overall commercial operations, encompassing purchase, stores & warehousing operations, dispatches, accounting & costing, physical verification of high-value raw materials and packing materials, and finished goods

Bengaluru Area, India

• Led overall commercial operations at the plant, overseeing purchase, stores & warehousing operations, dispatches, accounting & costing, ensuring smooth and efficient functioning of these areas• Received the SOMU (Regional) Star Award for significant contributions in the Annual Operating Plan (AOP) process and successfully driving the daily cost tracker, demonstrating excellence in financial management• Successfully managed the entire gamut of commercial operations at the plant, including purchase, stores & warehousing operations, dispatches, accounting & costing, independently in the absence of the Plant Accountant for a period of 5 months• Ensured compliance with various regulatory requirements, including indirect taxation such as excise, service tax, sales tax, and entry tax, maintaining accurate records and submitting necessary reports• Implemented and upheld plant Standard Operating Procedures (SOPs), continually interacting with corporate control departments to streamline plant processes and maintain high standards of operational efficiency

Chennai, Tamil Nadu, India

• Formulated monthly MIS (Plant Cost Reports) and monthly HI-Light Reports• Supported in implementation of Oracle-11i & helping team members in the usage of new ERP package

Bachelor Degree, Management Accounting, Cost Accounting, Financial Accounting, Taxation, Etc

M.Com, Management Accounting, Cost Accounting, Financial Accounting, Taxation, Etc